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MAJESTINE

Completed

Developed by BUSINESS TOWER INVESTMENT L.L.C. Located in Business Bay.

Construction progress100%Expected 25 Jul 2018
Units5061 buildings · 0 villas
Registered sales69937 in the last 12 months
Median sale priceAED 1.04MMedian of registered salesAED 1,785/sqft

Registry record

Project number
1518
Name on the register
ماجستين
Developer
BUSINESS TOWER INVESTMENT L.L.C
Master developer
دبي للعقارات (ش.ذ.م.م)
Escrow agent
EMIRATES NBD BANK (P.J.S.C)
Zoning authority
Dubai Development Authority (DDA)
Master project
Business Bay
Start date
15 Aug 2014
Expected completion
25 Jul 2018
Actual completion
25 Jul 2018
Cancelled
Not recorded
Plots
0
Progress
100%

PROJECT CONSISTS OF G+3P+16+R HOTEL APARTMENT LOCATED IN BUSINESS BAY. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Sales evidence

Median size
616 sqft
Median price per sqft
AED 1,785/sqft
Total value transacted
AED 1.01B
Off-plan vs ready
345 off-plan · 354 ready
First sale
20 Mar 2014
Latest sale
19 Aug 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 1,495 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C7.00
Reserved FundResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
MaintenanceResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C6.00
ImprovementResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C3.00
ParkingResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1437.00
Utilities ServicesResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C7.00
Management ServicesResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
InsuranceResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
Master CommunityResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C0.00
IncomeResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
ServicesRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C6.00
Reserved FundRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
MaintenanceRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C4.00
ImprovementRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C2.00
Utilities ServicesRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C4.00
Management ServicesRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
InsuranceRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
Master CommunityRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C0.00
IncomeRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
ServicesParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C2.00
Reserved FundParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
MaintenanceParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C2.00
ImprovementParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C2.00
Utilities ServicesParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C2.00
Management ServicesParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
InsuranceParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
Master CommunityParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C0.00
IncomeParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C0.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
19 Aug 2026Business BayMAJESTINEBusiness BayFlatExisting Properties1 B/R1,006 sqftAED 1,243/sqftAED 1,250,000
20 Jul 2026Business BayMAJESTINEBusiness BayFlatExisting Properties1 B/R956 sqftAED 1,342/sqftAED 1,282,931
25 Jun 2026Business BayMAJESTINEBusiness BayFlatExisting PropertiesStudio493 sqftAED 1,522/sqftAED 750,000
9 Jun 2026Business BayMAJESTINEBusiness BayFlatExisting PropertiesStudio617 sqftAED 1,346/sqftAED 830,000
23 Apr 2026Business BayMAJESTINEBusiness BayFlatExisting Properties1 B/R1,034 sqftAED 1,387/sqftAED 1,433,816
21 Apr 2026Business BayMAJESTINEBusiness BayFlatExisting PropertiesStudio612 sqftAED 1,450/sqftAED 887,316
7 Apr 2026Business BayMAJESTINEBusiness BayFlatExisting PropertiesStudio481 sqftAED 1,706/sqftAED 820,000
7 Apr 2026Business BayMAJESTINEBusiness BayFlatExisting Properties3 B/R1,420 sqftAED 1,302/sqftAED 1,850,000
7 Apr 2026Business BayMAJESTINEBusiness BayFlatExisting PropertiesStudio479 sqftAED 1,450/sqftAED 695,000
7 Apr 2026Business BayMAJESTINEBusiness BayFlatExisting Properties1 B/R944 sqftAED 1,382/sqftAED 1,305,000
30 Mar 2026Business BayMAJESTINEBusiness BayFlatExisting PropertiesStudio461 sqftAED 1,791/sqftAED 825,000
30 Mar 2026Business BayMAJESTINEBusiness BayFlatExisting Properties1 B/R894 sqftAED 1,511/sqftAED 1,350,000
12 Mar 2026Business BayMAJESTINEBusiness BayFlatExisting Properties1 B/R963 sqftAED 1,329/sqftAED 1,280,000
4 Mar 2026Business BayMAJESTINEBusiness BayFlatExisting PropertiesStudio493 sqftAED 1,826/sqftAED 900,000
2 Mar 2026Business BayMAJESTINEBusiness BayHotel ApartmentExisting PropertiesStudio479 sqftAED 2,087/sqftAED 1,000,000
2 Mar 2026Business BayMAJESTINEBusiness BayHotel ApartmentExisting Properties1 B/R853 sqftAED 1,676/sqftAED 1,430,000
2 Feb 2026Business BayMAJESTINEBusiness BayFlatExisting PropertiesStudio474 sqftAED 1,716/sqftAED 814,000
29 Jan 2026Business BayMAJESTINEBusiness BayFlatExisting PropertiesStudio479 sqftAED 1,734/sqftAED 830,000
27 Jan 2026Business BayMAJESTINEBusiness BayFlatExisting PropertiesStudio456 sqftAED 1,800/sqftAED 820,000
27 Jan 2026Business BayMAJESTINEBusiness BayFlatExisting PropertiesStudio478 sqftAED 1,798/sqftAED 860,000
21 Jan 2026Business BayMAJESTINEBusiness BayFlatExisting PropertiesStudio475 sqftAED 1,957/sqftAED 930,000
16 Jan 2026Business BayMAJESTINEBusiness BayHotel ApartmentExisting Properties1 B/R894 sqftAED 1,511/sqftAED 1,350,000
29 Dec 2025Business BayMAJESTINEBusiness BayFlatExisting PropertiesStudio447 sqftAED 1,790/sqftAED 800,000
10 Dec 2025Business BayMAJESTINEBusiness BayFlatExisting PropertiesStudio479 sqftAED 1,564/sqftAED 750,000
24 Nov 2025Business BayMAJESTINEBusiness BayFlatExisting PropertiesStudio489 sqftAED 1,513/sqftAED 740,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.